Market Stable signal analysis
Short-term decline is shown in the figure below: After the first bottom divergence in 15 minutes, it triggered today's rebound, and it fell after hitting the pressure at high points around 3140
Stable signal:
is currently in the fourth paragraph of the decline triggered by 3278. The four waves in the decline are a sideways rebound section. The longer the structure of the 4 wave, the greater the rebound, the easier it is to let the decline section stop falling and stabilize. Whether it is 4 turning into the bottom or 4 moving 5 later, the structure will be clear and easy to judge.
Short-term short-term focus is whether it can break today's high point 3140 again after the fall. If it rises again after the fall, it will further raise the 4-wave rebound high point, and will stand on the 20-day moving average for the first time in 30 minutes. The sideways time is extended, which is also conducive to building a 30-minute total double bottom +30 minutes macd penetrates the 0 axis. At that time, you can play the rebound band again based on the 30-minute double bottom pullback.
evolution:
currently has insufficient inverse amplitude and time, and it is impossible to form a structure if it is not enough time. At the same time, since wave 3 is very long, even if wave 4 breaks through 3101, there is a probability of virtual breaking. Of course, we need to see a strong reversal whether it breaks through 3140, at least to increase the probability of bottoming up.
So here is a place where opportunities and risks exist, but if you don’t know how to select stocks, please wait until it stabilizes.
The stock market is risky, investment should be cautious, the above views come from Liu Feng, investment consultant practice number: A0150619070001
